Mathematics · Index Numbers
The formula used for finding the simple aggregative index number is given by:
- 1∑p0∑p1 × 100
- 2∑p1q0∑p0q0 × 100
- 3∑p1∑p0 × 100✓
- 4∑p0q1∑p1q1 × 100
Correct answer
∑p1∑p0 × 100
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